Duties of the Sioux Falls Convention and Visitors Bureau Business Improvement District (the BID) Board:

 The board of directors shall have the following duties:

  1. The board of directors will review and tentatively approve an annual budget prepared by the CVB executive director for the use of the occupation tax collected by the BID. The budget must be in accordance with the purposes of the BID and the requirements of Chapter 9-55 of the South Dakota codified laws and this ordinance. Before becoming effective, the budget must be presented to and approved by the CVB executive committee and the City Council.
  2. The board of directors will have such other duties as may be specified in SDCL Chapter 9-55, or as otherwise necessary to carry out the intent of Chapter 9-55 and this ordinance.